Tips for nabbing a bargain this spring

Spring is generally the busiest time of year in the Australian property market, and this season could be a ripper. In recent months, we’ve seen ongoing signs of improving market conditions, driven by a Coalition federal election win, interest rate cuts and a softening of lending restrictions. And it’s clear that buyers are returning to the market. In August, capital city auction markets recorded the highest preliminary clearance rate in over two years.That said, listings remain low compared to previous years, which means that as a buyer, there may be more competition for properties this spring. Here are some pointers to negotiate a good deal this season. Tip #1: Do your research Knowledg

All you need to know about the "Spring Selling Season"

September has arrived and we’re heading into what has come to be called the “Spring Selling Season” in Australian real estate circles. The theory is that as the weather warms and flowers bloom, homes start looking their best and buyers will come out of hibernation. This season is seen by some as a prompt for many owners to list their property for sale. The actual impact of spring on the sales cycles is debatable, but there are indications price retractions in Sydney and Melbourne have slowed, and there’s currently a long-term positive outlook for many other localities around the nation as well. This month, the residential teams are studying the effects of population shifts on property

RBA Interest Rate Decision - September 2019

At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent. The outlook for the global economy remains reasonable, although the risks are tilted to the downside. The trade and technology disputes are affecting international trade flows and investment as businesses scale back spending plans due to the increased uncertainty. At the same time, in most advanced economies, unemployment rates are low and wages growth has picked up, although inflation remains low. In China, the authorities have taken further steps to support the economy, while continuing to address risks in the financial system. Global financial conditions remain accommodative. The persistent downside

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